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Harbin encourages former residents to invest in city

Updated : 2021-07-19

By ( e.my399.com )

Harbin, capital of China's northernmost Heilongjiang province, recently launched an action plan to encourage residents living outside the city to start up businesses there.

Under the blueprint, Harbin will draft and roll out tax incentives and subsidies for those aiming to return to invest in the metropolis.

Those acting in a liaison capacity to encourage entrepreneurs and investors will also be rewarded by the city.

People who make outstanding contributions to the construction and development of their hometowns could be nominated for a mayor's special award, granted honorary citizenship or granted naming rights for public facilities.

Meanwhile, those who support the development of Harbin and return to invest will have fast-track channels opened and one-to-one services provided to create a better business environment.

Additionally, preferential services will be offered in such areas as elderly care, education, medical care, housing and transportation, to reduce the concerns of investors.